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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050.

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IEEE Young Professionals Take On Climate Change

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Developing technology to address the causes of climate change, mitigate its impact, and adapt to the crisis is one of IEEE’s top priorities. To assist with that effort, the IEEE Young Professionals group this year launched its Climate and Sustainability Task Force.

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IEA’s Hydrogen TCP undergoes a major revamp to support global implementation of hydrogen and international collaboration

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The International Energy Agency (IEA) created the Hydrogen Technology Collaboration Program (TCP) in October 1977. The IEA’s Hydrogen TCP is now undergoing a major renovation for international collaboration in boosting hydrogen technologies globally.

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ICAO establishes 2050 net-zero CO2 emission goal for international aviation

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The International Civil Aviation Organization (ICAO) has established a 2050 net-zero carbon dioxide emission goal for international aviation. The agreement is exciting, in part because ICAO has stopped pretending to be a global climate cop. gallon under the “Inflation Reduction Act”.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Improving coordination and support for research efforts on climate change preparedness.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. The decline was not confined to China, however.

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